Form 4: Cardinal Health Executive Greene Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Michelle D. Greene, Chief Information Officer of Cardinal Health, sold shares to cover tax obligations related to vesting restricted share units.
Summary
- On February 15, 2025, Michelle D. Greene, the Chief Information Officer of Cardinal Health Inc., engaged in a transaction involving common shares.
- Greene disposed of 636 shares to satisfy tax withholding obligations related to the vesting of 1,401 restricted share units.
- The transaction was executed at a price of $126.21 per share.
- Following the transaction, Greene directly owns 18,606 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: Michelle Greene disposed of shares to cover tax obligations. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
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